Behavioural Remedies Keep Failing. Regulators Are Finally Saying So.
Two decades of conduct undertakings produced compliance theatre and little structural change. Enforcers in three jurisdictions are now shifting toward structural relief.
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How money moves and who it moves for. Funding rounds read sceptically, unit economics taken apart, labour markets, antitrust, and the quarterly numbers that reveal more than the press release.
2 articles in this section
Two decades of conduct undertakings produced compliance theatre and little structural change. Enforcers in three jurisdictions are now shifting toward structural relief.
Aggregate dollars are up sharply. Deal count is flat and the median round is smaller, which means the recovery is concentrated in a handful of very large cheques.